$213,000
NAL Estimated Property Value1102 Lorraine Ln, Mesquite, TX, 75149
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
Exterior
Lot Size8,754 sqft
Building Information
Year Built1972
Stories1
Roof Type105
Garage Spaces1
Land Information
APN38144500020240000
Lot Number24
SubdivisionOak Ridge
Land UseResidential
Legal DescriptionOAK RIDGE ESTATES BLK 2 LT 24 INT202500074418 DD04102025 CO-DC 1445000202400 4CM14450002
Census Tract017606
Assessed Land Value$43,770
Assessed Improvement Value$101,160
Assessment Year2025
About this property
Investors, come check out this new listing!
Investor Tools
$213,000
Estimated Property Value
$183,917Estimated Mortgage Balance
$29,083Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$850
$144,930
2025
$43,770
$101,160
$144,930
No
Tax History
Year
Tax Paid
Assessed Value
2024
$850
$144,930
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$187,500
No
First
Apr 10, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,917
$29,083
13%
86%
$1,125/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,125/mo
+$847/mo
11.1%
